December, 2019

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How To Validate Your Startup Idea

ReadWriteStart

Everyone is excited about starting their own business. Countless people try their luck every year, but most of the business failed due to a lack of proper planning. Approximately 45% of startups struggle because they didn’t reach their target market. To run a startup successfully, you need to validate your idea systematically for making your product successful in the market.

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8 Steps Every Leader Must Take To Deal With Setbacks

Startup Professionals Musings

As a business owner in this age of rapid technological change, with the surge of worldwide competitors, setbacks and adversity are virtually guaranteed. Based on my years of experience mentoring and advising entrepreneurs, you need to attack problems and challenges with a mindset of success, or it is unlikely that you or your business will survive. I found that view confirmed for a wide range of leadership situations in a classic book, “ The Mindset of Success ,” by Jo Owen.

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7 Surprising Findings from Workfront’s Annual State of Work Report

deal architect

A guest column from Steven ZoBell, Workfront Chief Product and Technology Officer. In his role at Workfront, Steve leads the engineering and platform hosting and operations organizations and works closely with the product and services teams to evolve the technology.

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How To Move From Reactive To Proactive Leadership

YFS Magazine

As a leader, examine the pointless activities in business and proactively forge a better and smarter path for maximum impact.

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Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

Every startup and innovation project exists within an ecosystem that either helps or hurts that project. As innovation managers, we need to keep a pulse of that ecosystem and make sure we're helping those innovation projects we're managing every step of the way. In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in

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6 Strategies For Attracting Customers From Day One

YoungUpstarts

One of the biggest challenges that startups face is attracting customers early on. Brand awareness and reputation are crucial to success, but these are both developed over time which means that it is difficult to succeed early on – this is particularly true when you are operating in a competitive industry with household name brands. So, what can be done about this?

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How is the VC Asset Class Doing?

View from Seed

One of my more popular posts in recent years was a long write-up on how VC’s get measured. It occurred to me that about 2 years has transpired since that original post and I thought I’d write a follow-up. At the time, I spent most of my time describing the metrics themselves and how VCs and their LPs evaluate performance based on these measurements.

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3 Smart Tips For First-Time Entrepreneurs

YFS Magazine

Entrepreneurship is not for the faint-hearted. There is little room for error in business and all the room in the world for error at the same time.

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10 Financing Alternatives For Your Next New Venture

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. I often get asked about the real alternatives to bridge this valley, and there are some good ones I will outline here.

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How Insurtech Startups Reinvented Insurance Companies

The Startup Magazine

It’s better to have it and not need it, rather than need it and get caught without it. Insurance is one of the oldest financial businesses, but it’s not what it used to be. Like other sectors such as banking and law firms, insurers are receiving a makeover. The traditional methods now include accuracy, personalization, and efficiency like never before.

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25 Entrepreneurs Explain Their Major Accomplishments in 2019

Hearpreneur

The end of every year is the opportunity reflect on a 365-day journey. 2019 may have been a bad year for some and to others, it was a great year. Many businesses were launched and others were closed. Pivots were made and goals were shattered. In the last few days of 2019, we took some time to ask a few entrepreneurs and business what their biggest business accomplishments were. #1- Massive growth.

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10 Basic Responsibilities of Board Members

Board Effect

All organizations are unique in their own right. Even so, every board of directors has some of the same basic fundamental responsibilities. Organizations may operate for profit or charity. They may be membership-based or non-membership based. Organizations may be new or long-standing. They may have a strong financial base or they may be a struggling start-up.

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4 Questions To Ask Before You Hire An App Developer

YoungUpstarts

by Guy Cooper, Managing Director of Wave Digital. The startup industry is littered with stories of founders being taken for a ride by their app developer. So if you want an app that not only works at the end but will be a hit with your users, what should you do? The key to choosing an app developer is research. Here are four critical questions to ask both yourself and an app developer before making the decision to engage them to design and deliver your app. 1.

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Where to Play – Where to Impact

Where to Play

The post Where to Play – Where to Impact appeared first on Where to Play. I recently came back from running a ‘Where to Play’ workshop for double-bottom-line startups at EPFL’s Tech4Impact program. The interesting aspect of this workshop was the need to estimate the social or environmental impact of different market opportunities, and add this key dimension to the set of considerations when choosing where to play.

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10 Outside Staffing Quotes True Entrepreneurs Avoid

Startup Professionals Musings

These days, it is almost impossible to find a small business where everything is done at the home location, by full-time employees. We are in the age of outsourcing, by any of many popular names, including subcontracting, freelancing, and virtual assistants. These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure.

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5 ways to fast-track your startup success in 2020

The Startup Magazine

With the festive season fast approaching, it’s a rare time for you high-energy entrepreneurs to relax a little, recharge your batteries, review your accomplishments and consider priorities for the year ahead. If you’re operating in a highly competitive marketplace, you’re probably on the lookout for ways to develop your business skills and stay in tip-top mental and physical condition in order to maintain a competitive edge and ramp up your resilience.

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25 Entrepreneurs Share Their #1 Goal for 2020

Hearpreneur

Every new year and right after the ball drops, it’s time to go to work. Often entrepreneurs and business owners create their New Year’s Resolutions around their business. It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. We asked entrepreneurs to share their biggest goals and what they were looking forward to in 2020. #1- Delegate and expand.

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How Brand Consistency Can Help You Put Competitors In Your Rearview Mirror

crowdSPRING Blog

You’ve probably heard by now that consistent branding is important. Everyone says so – it’s one of those common business truisms that, for many, goes in one ear and out the other. But, you can’t afford to let this wisdom fall on deaf ears. It’s too valuable. Because… Consistent. Branding. Is. Vital. Your company’s logo design , your business website , your mobile app, your store signage, your marketing and customer support messaging… they must all

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[Interview] Kevin Hobbs Of Vancouver’s Vanbex Group

YoungUpstarts

Kevin Hobbs is a Canadian entrepreneur and experienced executive working in the blockchain and cryptocurrency space. As CEO of Vanbex Group, a professional services and development company specializing in everything blockchain, Kevin’s mission is to further the education and adoption of blockchain, DLT, and Smart Contract technology into everyday real world applications.

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Self-Evaluation Template for a Board of Directors

Board Effect

All board directors have room for improvement. Self-evaluation tools are a great way to assess your board and how it interfaces with the executive director. Typically, boards do self-evaluations annually. It gives them the chance to compare their performances with the best principles and practices of governance. A self-evaluation template is a valuable tool for tracking progress over time.

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10 Ways Owners Often Jeopardize Their Business Growth

Startup Professionals Musings

When you are starting a new business, every resource is precious, including time, funding, and people. Yet we can all look back, after the fact, and realize that we could have been more memorable. Obviously you can’t go back for a do-over , but you can certainly learn from your mistakes as well as all our successes. Most challenges you have are not unique to your business.

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Three Ways Technology Can Instantly Improve Your Home Inspection Business

The Startup Magazine

The world is constantly evolving with the advancement of technology. This statement is no different for the home inspection sector. Due to technological developments, home inspecting has become increasingly efficient, faster, and safer. Image by Josch13 from Pixabay. If you have been operating a home inspection business for a number of years, these advancements may have passed by.

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Watch out for the most common scam in startup world?—?Sputnik ATX

Austin Startup

Watch out for the most common scam in startup world?—?Sputnik ATX Three rules to avoid getting scammed by advisors As an early stage VC, one of the saddest things I observe from meetings with founders is the toxic and pervasive influence of what I call the start-up industrial complex (the SIC). The SIC is a universe of charlatans and blissfully unaware “advisors” who masquerade as help for early stage companies and, in fact, set them back or bleed them dry for the personal gain of the advisor.

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The Evolution of SAP Analytics

deal architect

I had been invited to an SAP Analytics influencer summit earlier in the year. Many of the sessions were under NDA, so I had not written about it. However, my notes showed: Ambitious, exciting vision, but fragmented execution across portfolio.

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What Is A Squeeze Page And How Can It Benefit Your Startup Business

YoungUpstarts

Digital marketing is a world that has, without a doubt, blown up in the last couple of decades. For someone who is trying to use digital marketing as a way to attract more customers to their business, it can seem a lot like learning a whole new language. Even people who have been in marketing all of their lives can have trouble keeping up with the new trends.

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How Mobile Has Impacted the Customer Journey

Duct Tape Marketing

How Mobile Has Impacted the Customer Journey written by John Jantsch read more at Duct Tape Marketing. The customer journey is influenced by many outside factors. As the use of mobile devices has taken off over the past decade, it’s changed the way that businesses market themselves and how customers interact with businesses. In order to better understand the impact mobile has had on the customer journey, it’s helpful to go through and assess the effect at each stage of the marketing

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5 Keys To Maximizing Your Impact In People Mentoring

Startup Professionals Musings

If you are like most entrepreneurs I know, there just aren’t enough hours in a day to get all your own work done, as well as run the many one-hour meetings each team member seems to demand for decisions and mentoring. I have found it to be more productive and effective to lead with the model that no meetings will take an hour, and may be done in as little as five minutes.

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Tips When Working with an Outsourcing Firm for Help

The Startup Magazine

There are times when you think you’re unable to do the job required of you. It could be due to the nature of the task. For instance, if you need to organise a concert to raise funds for the organisation, it might be beyond your scope of expertise. It’s also the same when asked to host a dinner party where company executives will attend. If you’re not running a business that deals with party planning or event organisation, it might be impossible for you to get things done.

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The Role of the Board of Directors in Strategic Management

Board Effect

Boards and managers don’t agree on everything but they both agree that they need a strategic plan. One thing that they don’t always agree on is how to clarify the role of the board and the role of management in developing and implementing the strategic plan. The central question is who actually sets the strategy. Some believe the board sets it and some believe the board waits for management to set it so they can approve it.

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Workplace Flexibility Boosts Remote Teams’ Loyalty

Transformify

Our guest today is Chris Lacinak, President of AVP. Chris, many software companies work on a project basis. Is this why you decided to introduce remote work at AVP? Remote work initially came about at AVP in a couple of different ways that were the result of seizing the opportunity. The first was a shakeup in our software engineering team, which was originally based out of New York City.

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Here’s How Conducting Online Surveys Benefits An Organization

YoungUpstarts

With the rise in the usage of digital media, businesses have shifted to online portals. This has created an enormous space for quick market research and survey, with larger sample sizes. Every organization is now strengthening its online presence and using surveys as an essential means of gathering user reviews and views. Here is how and why you should also get started.

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Decade-end review: Enterprise Applications have NOT eaten the world

deal architect

Over the last couple of weeks, as we get ready to welcome the 20s, I have been reviewing blog posts, books I have written and notes from advisory work helping clients pick vendors, negotiate contracts, review vendor performance etc from.

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6 Building Blocks Make Amazon A Global Market Leader

Startup Professionals Musings

Every new business dreams of growing from a startup to a global market leader in a few years, like Amazon.com, but that goal is elusive. As a mentor to entrepreneurs, I often get asked for the magic that has made Amazon the world's most valuable brand , from a total unknown only twenty years ago. My simple answer is that they keep their focus on customers, rather than technology.

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Aaron Wens on the Lifecycle of Your Ocean-Going Vessel Investments

The Startup Magazine

The lifetime of a modern ocean-going vessel is 25 to 30 years. When a new ship is ordered, there is an extensive list of steps that must be completed in order to build a useful vessel that is fitted out for its intended purpose and ensure that vessel will remain relevant long into the future. The maritime business is fully globalized, and a ship will often travel great distances.

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Creating a Data Strategy for Your Business

Women Entrepreneurs Can

One of the most valuable commodities that businesses deal in these days is data. Every company uses it, whether it is for securely storing customer service information, data surrounding stock and sales, or any other type of digital information. With the world being so reliant on technology, the way that your company manages its data is more important than ever.

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The Top 10 Duct Tape Marketing Podcast Episodes for 2019

Duct Tape Marketing

The Top 10 Duct Tape Marketing Podcast Episodes for 2019 written by John Jantsch read more at Duct Tape Marketing. 2019 was another great year on the Duct Tape Marketing Podcast. I chatted with some incredible guests, I did some solo shows where I could share a bit about the Duct Tape Marketing philosophy, and I got to share excerpts from my latest book, The Self-Reliant Entrepreneur , which was released in October.

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What To Know About Friendly Fraud

YoungUpstarts

While online transactions have done much to help retailers and consumers alike, the technology has also opened up avenues for new kinds of fraud. Some instances of fraud are perpetrated by criminals against merchants. Others, though, occur through preventable mistakes. The prime example of the latter is what is known, somewhat ironically, as “friendly fraud” Online merchants, especially those operating small businesses, should take precautions and educate themselves on what friendly